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The economy in Finland is weakening after a strong start to the year. The energy crisis and rising inflation have increased the risk of a recession, and the economy is expected to contract slightly in 2023. The faltering ...

According to the Bank of Finland’s assessment, Finnish GDP will contract by 4.7% in 2020 and grow at an annual rate of 2–3% in 2021–2022. Even though the recession appears to be shallower than feared in the spring, it is ...

Climate change is one of the biggest macro-economic challenges the global economy will be facing in the coming decades. This has put pressure on international organizations to adapt and step up their work on climate. The ...

Russia’s invasion of Ukraine has cast a new veil of gloom over the outlook for Finland’s economy. There is considerable uncertainty over the economic impact of the Russia-Ukraine war, because the extent and duration of the ...

Due to climate change, extreme weather events will become more frequent, resulting in material damage to buildings and other infrastructure. In Finland, for example, this will probably increase the risk of coastal floods. ...

The need for sustainable finance has grown because of the urgency to mitigate climate change. One proposal to encourage sustainable finance is the Green Supporting Factor, which would make it less costly for entities in ...

The Finnish economy strengthened faster than expected in the course of spring and summer 2021. For the year as a whole, the interim forecast of September 2021 projects stronger economic growth than the June forecast. The ...

The recovery of the Finnish economy from the COVID-19 crisis has been boosted by stronger-than-expected developments in the second half of 2020. Economic growth in 2021 is expected to be higher than projected in the December ...

The shock of the COVID-19 pandemic and the associated deterioration in the economic outlook has exacerbated solvency concerns and increased the risks of debt restructurings in low-income countries (LICs). Financing conditions ...

Due to the interconnectedness of the Nordic real economies and financial systems, an extensive materialisation of risks on the Swedish housing market could also have notable effects in the other Nordic countries. The ...